In a recent EPCA workshop I was conducting in Amsterdam, John Chaplin Ixaris related a session he had with a bunch of senior banking executives tackling the problem of creating innovation within large organizations.

Congress authorized the Strategic Petroleum Reserve (SPR) in the Energy Policy and Conservation Act (EPCA, P.L. 94-163) to help prevent a repetition of the economic dislocation caused by the 1973-1974 Arab oil embargo.

Additionally, though, the second clause of the new bill exempts the new Hydro corporation from a restriction in the Electrical Power Control Act, 1994 EPCA that an electricity producer or retailer is only involved in the production or sale of electricity.

EPCA The proposed amendment bill also includes giving the new Hydro corporation and exemption to that section of the act which currently provides that an electricity company can only be engaged in producing or retailing electricity in the province.